play_arrow

keyboard_arrow_right

Listeners:

Top listeners:

skip_previous play_arrow skip_next
00:00 00:00
chevron_left
volume_up
chevron_left
  • play_arrow

    KSLM Live KSLM AM & FM

  • play_arrow

    Demo Radio Nr.1 For New Music And All The Hits!

  • play_arrow

    Demo Radio Techno Top Music Radio

  • cover play_arrow

    03-05-2022 Micky Garus

Keeping It Real Estate

Ep 108: Mailbag – 20% Down Payments, Selling Privately, and More

todayMay 19, 2022 3

Background
share close

We are answering some of your questions on today’s show about buying and selling your home. In this market is a 20% down payment enough? Definitely! While it may be harder to win certain bids 20% is usually more than enough.

Mary wrote in that her loan approval was for $700,000 and with all the houses selling above asking value she is wondering if she should look at houses more in the $600,000 range to leave some wiggle room? It might be smart to look a little below your maximum budget, but it’s going to depend on your lender and a few other factors. Join us today as we explore these questions and more on rent-back situations and selling privately.  

 

Key Points:  

0:30 – Should we be leaving wiggle room on the houses we are looking at?

2:46 – Is a 20% down payment enough in this market?

4:03 – Can I rent back my home to a buyer and when do I negotiate this?

7:28 – Would we miss out on selling privately?

 

Learn more: https://www.bensonbrokergroup.com/blog

Click here to read the full article

Written by: kslmadmin

Rate it

Similar posts

Keeping It Real Estate

Ep 109: Mailbag – ARMs, Home Upgrades, and More

Let’s answer some questions from buyers and sellers in the area! Brent is thinking of using an adjustable-rate mortgage to buy his home, but he knows they became a big issue in 2008 and the rate may go up in the future. How does Colleen advise those interested in ARMs? […]

todayJune 2, 2022 2

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *


0%